William Rhine Comment On Regulatory Notice 22-08
People should be able to choose investments that are right for them and their family. Public investments needs to be available to everyone, not just the privileged.
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People should be able to choose investments that are right for them and their family. Public investments needs to be available to everyone, not just the privileged.
I wanted the option to invest in these types of accounts
Investors should be allowed to invest in products without any encumbrances from regulators. This is an action to benefit the financial institutions that pay Finra.
Investors are already warned enough on leveraged ETFs that there is no reason for additional regulations and warnings for individual retail investors. Investors should be able to risk their hard earned money in ways they see fit for themselves. Individuals should have a right to use financial products they see fit to use in order to achieve their short term financial goals. Adding additional regulation will only hinder, not help, individual achieve their goals. I urge FINRA to keep the status quo on leveraged ETFs.
Leave our investment alone
This isn't your money. Back off.
Sophisticated investor rules are outdated in the age of the internet. I have multiple degrees related to investment and financial analysis. Under the Sophisticated investor rules I cant invest in certain opportunities, and now you want to expand that? Excluding the average American from any investment opportunity does nothing but ensure that those who are already wealthy will continue to gain the majority of the benefit from private investments. And under the proposed changes will ensure they have an unfair advantage in capital markets as well.
We - not regulators - should be able to choose the public investments that are right for us and our families. Public investments should be available to all of the public, not just the privileged.
I/We shouldn't have to go through any special process like
passing a test before we can invest in public securities, including cryptocurrency funds such as BITO.
We are capable of understanding cryptocurrency funds such as BITO and their risks.
These proposed measures do NOT need to be imposed on us.
The public does not need restraint or hurtles to overcome from regulation of processes in choice of investment or involvement in digital investments made by personal choice. I have not read this proposed rule however I shall now because it is evident that unless the government has total control of all assets the money mongers aren't happy. We need real transparency with sound guidelines that uphold ethics and social acceptable standards across the playing field.
experienced investors can take calculated risk